Omega House Unit 4 Buckingway Business Park Swavesey Cambridgeshire CB24 4UQ

Omega House
Unit 4 Buckingway Business Park
Swavesey
Cambridgeshire
CB24 4UQ

Freehold Office Investment

Two Storey Office Building
Let to Shamir UK Ltd until March 2029 (No Breaks)
Tenant 2024 break option not exercised
Total Floor Area of approx. 4,255 sq. ft. (395.30 sq. m.) over Ground and First floors
Located within the well established Buckingway Business Park
Situated adjacent to A14 dual carriageway

Lot
50
Auction
25th September 2024
Rent
£51,264 per Annum Exclusive
Status
Sold
Price
£406,000
Auction Venue
Live Streamed Auction
On behalf of a Major Fund Manger

Interested?

Expand
Photos
Map

Freehold Office Investment

Two Storey Office Building
Let to Shamir UK Ltd until March 2029 (No Breaks)
Tenant 2024 break option not exercised
Total Floor Area of approx. 4,255 sq. ft. (395.30 sq. m.) over Ground and First floors
Located within the well established Buckingway Business Park
Situated adjacent to A14 dual carriageway

Lot 50
Auction 25th September 2024
Rent £51,264 per Annum Exclusive
Status Sold
Price £406,000
Sector
Office
Auction Venue
Live Streamed Auction
On behalf of a Major Fund Manger

Property Information

Location

Miles: 7 miles north west of Cambridge, 22 miles south of Peterborough, 53 miles north of London
Roads: M11, A14, A1(M)
Rail: Cambridge Railway, Huntingdon Railway Stations
Air: London Stansted Airport

Situation

The property is located with the Buckingway Business Park, strategically situated adjacent to the major A14 (Huntingdon Road) trunk road which connects the M11 and A1(M) as well as Huntingdon and Cambridge. the Business Park provides an interesting mix of industrial and office buildings with occupiers including Network Rail Balfour Beatty and Travelodge.

Tenure

Freehold.

Location

Miles: 7 miles north west of Cambridge, 22 miles south of Peterborough, 53 miles north of London
Roads: M11, A14, A1(M)
Rail: Cambridge Railway, Huntingdon Railway Stations
Air: London Stansted Airport

Situation

Tenure

Freehold.

Description

The property comprises a two storey office building with Male/ Female WC's on each floor.

VAT

VAT is applicable to this lot.

Completion Period

6 week completion available

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property comprises a two storey office building with Male/ Female WC's on each floor.

VAT

VAT is applicable to this lot.

Completion Period

6 week completion available

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas Approx sq m	Floor Areas Approx sq ft	Tenant	Term	Rent p.a.x.	Rent Review
Ground/First	Office	395.30	(4,255)	SHAMIR UK LIMITED (1)	10 years from 06/03/2019 until 05/03/2029 (2)	£51,264	06/03/2024
Total		395.30	(4,255)			£51,264

(1) For the year ending 31/12/2022 Shamir UK Ltd reported a Turnover of £64,254,313, a Pre-Tax Profit of £7,605,637 and a Net Worth of £22,065,131 (NorthRow 19/07/2024). Shamir was founded in 1972 and is a world leading producer of high performance lenses (www.shamir.com).
(2) The tenant did not exercise their break option on 06/03/2024.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.